AIB, which is 99.8 per cent owned by the State, said earlier this mornth it was profitable in the first quarter of this year

AIB has paid a €280 million cash dividend on its 2009 preference shares to the Ireland Strategic Investment Fund (ISIF), an entity that operates under(...)

Supermarket chain Sainsbury rose after deciding to axe 800 store jobs in a drive to cut costs. Photographer: Matthew Lloyd/Bloomberg

European stocks declined yesterday as data showed euro zone output expanded at a slower pace in April and Ericsson-led technology shares lowered. A(...)

Germany’s Dax, down 1.9 percent, underperformed the wider market, after a recent sharp rally and as the euro gained against the dollar. Photograph: Reuters/Pawel Kopczynski

European stocks slipped on Thursday due to Greece’s worsening financial predicament, while euro zone government borrowing costs, including Ireland’(...)

Owen Killian: CEO Aryzta. Photograph: Cyril Byrne / The Irish Times

* It’s been an eventful week or so for Aryzta, the Swiss-Irish food group run by Owen Killian, the former boss of IAWS.The company told investors it h(...)

Aryzta chief executive Owen Killian regularly admits to being haunted by the idea of becoming irrelevant.Photograph:Cyril Byrne

Is Ireland’s humble ready-meal about to get a French makeover? Swiss-Irish food giant Aryzta is in talks to buy a 49 per cent stake in the French food(...)

Deal values Tullamore-based Carroll Cuisine at €40 million.

Private equity group Carlyle Cardinal Ireland (CCI) has agreed the final terms of its management buyout of Tullamore-based Carroll Cuisine, which val(...)

Aryzta chief executive officer Owen Killian said Picard was an ideal replacement for the group’s Origin holding. Photograph: Cyril Byrne / The Irish Times

Shares in Swiss-Irish food group Aryzta fell to their lowest level in 18 months after it announced plans to buy a stake in French food retailer Pic(...)

The ISIF formerly the National Pensions Reserve Fund, has a statutory mandate “to invest on a commercial basis to support economic activity and employment in Ireland”

The Irish Strategic Investment Fund (ISIF) used to be the National Pensions Reserve Fund. It held investments that would in time be liquidated to pay (...)

Arytza chief executive Owen Killian: “The transaction will benefit the free float of Origin Enterprises and transform Aryzta into a pure play in speciality food.”

Swiss-Irish food group Aryzta has raised more than €404 million from the sale of 49 million shares in agri services business Origin Enterprises.Aryzta(...)

The Swiss-Irish convenience food group Aryzta plans to sell more than half its shares in agri-services business Origin Enterprises to institutional in(...)